Alfabet IT Planning & Portfolio Management vs MEGA HOPEX comparison

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Executive Summary

We performed a comparison between Alfabet IT Planning & Portfolio Management and MEGA HOPEX based on real PeerSpot user reviews.

Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management.
To learn more, read our detailed Project Portfolio Management Report (Updated: March 2024).
763,955 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The dashboard is the most valuable feature."

More Alfabet IT Planning & Portfolio Management Pros →

"The most valuable parts of this solution are the richness of its features and its easy interface.""We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module.""The most valuable feature is the completeness of HOPEX's meta-model. It's a strong meta-model that's rigid but comprehensive. It's a logical fit for our understanding of how we want things modeled in our database.""HOPEX has a panel that offers various views. I think that is very good. MEGA has an app for integrating with a lot of apps. We help our clients integrate HOPEX with a different product like Apple Gateway, for example. I've been with the company for 15 years, and we connect with everything. Our clientele includes almost all of the banks in Mexico.""The support experience in Latin America is great.""The most valuable features of MEGA HOPEX are the seamless VPA module and the good user experience. There are built-in connections that provide integration with other platforms, such as ServiceNow. There is a lot of customization available allowing a lot of freedom. The solution is updated frequently adding new features. For example, the feature GraphQL can be integrated into other solutions, such as ManageEngine for ITSM solutions. You are able to use GraphQL to connect APIs and query the APIs.""Customer support is fantastic. They are very helpful whenever we get on the line with the support team.""The most valuable feature for this solution is the automatic updating and propagation of changes across the system."

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Cons
"The user-experience, enhanced performance, and in-hand governance can be improved."

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"Scalability can be a problem sometimes.""MEGA HOPEX's initial setup could be easier. The newer version is better but they still need to improve the process. The deployment took approximately four to eight hours.""The training materials and learning process need improvement.""The solution is quite expensive.""It takes a long time to learn how to use HOPEX. It's hard to work with it because the user interface is bad. For example, if you want to build a complex system diagram, you need a lot of knowledge to do this correctly and make it readable. In MEGA, you need to create a report and it takes a long time to publish it. The publishing is offline. With RDoC, everything is online.""They do tend to push people to their professional services, instead of helping the customers with their problems. I understand this is their business. At the same time, however, they need to work on fact sheets or offer some program to help the customers who want to implement it themselves and to make it run properly in their environment.""The solution lacks additional models compared to other tools.""The product must improve integration with other tools."

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Pricing and Cost Advice
  • "The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license, and the cloud license."
  • More Alfabet IT Planning & Portfolio Management Pricing and Cost Advice →

  • "If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
  • "It is very expensive."
  • "The price of the MEGA HOPEX license could improve, it is expensive. The license key for business process analysis and IT architecture is approximately €10,000. This price is fixed, it's not a subscription or cloud-based version. It is a one-time price."
  • "The price of the support depends on the vendors that are reselling this module or the MEGA HOPEX version 5. We are on premium support and are their only partners in the GCC, we have a premium support contract with them. The support we have is not with the client. The client does not bear the cost, it's us who bear the cost."
  • "I've been told that MEGA HOPEX is very expensive, which is why small organizations dismiss the tool. It's complex and costly versus other simpler and cheaper solutions."
  • "The product has a high cost."
  • "The tool is relatively expensive."
  • More MEGA HOPEX Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The dashboard is the most valuable feature.
    Top Answer:The solution is expensive. There is a yearly licensing cost. There are no additional costs, only the standard license, and the cloud license.
    Top Answer:The user-experience, enhanced performance, and in-hand governance can be improved.
    Top Answer:Hi @Cheryl Joseph ​Looking at the crossover between Project and Portfolio management with EA, then Planview could be a good choice. If looking at Portfolio Management from an EA perspective then… more »
    Top Answer:The ability to customize is valuable.
    Top Answer:The product has a high cost. I rate the pricing a nine out of ten. The solution costs us AED 450,000 yearly.
    Ranking
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    419
    Rating
    8.0
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    4,268
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    Rating
    7.9
    Comparisons
    Also Known As
    planningIT, alfabet planningIT, Alfabet IT Planning and Portfolio Management
    Learn More
    Overview

    Software AG's Alfabet IT Planning & Portfolio Management Platform provides decision-makers with insight into the IT portfolio to make the right IT investment decisions and to plan how IT will support the business in the future.

    MEGA HOPEX is a single software platform that combines integrated software solutions including privacy and data management, business process analysis, and risk management. By connecting business, IT, data, and risk perspectives, MEGA HOPEX helps your organization get the visibility you need and also helps improve decision-making by using connected EA to eliminate silos and foster collaboration. As a SaaS solution, MEGA HOPEX is scalable, flexible, and secure. It relies on Microsoft Azure infrastructure and is designed to seamlessly and easily integrate into your digital ecosystem. The MEGA HOPEX platform enables you to develop an integrated approach to risk management, business optimization, and data governance, as well as to build a clear IT roadmap.

    MEGA HOPEX Features

    MEGA HOPEX has many valuable key features. Some of the most useful ones include:

    • Flexible metamodel configurability: MEGA HOPEX can be adapted to your operating model with easy-to-use customization options. In addition, it gives you the option to expand functionalities and import ready-to-use content through the HOPEX store.
    • Intuitive workflows: The MEGA HOPEX platform includes intuitive workflows that help accelerate business value delivery and also helps to foster collaboration among all stakeholders.
    • Ready-to-use enterprise portal: With MEGA HOPEX’s ready-to-use enterprise portal, it is easy to share insights across your entire organization.
    • Contextual search: MEGA HOPEX has a contextual search functionality that enables you to find accurate and trusted data easily with the option to also use filters to narrow your search results.
    • Reporting and dashboarding: MEGA HOPEX offers out-of-the-box templates for reports and also allows you to build your own reports to monitor and govern your projects with actionable insights and recommendations.

    MEGA HOPEX Benefits

    There are many benefits to implementing MEGA HOPEX. Some of the biggest advantages the solution offers include:

    • Data-driven algorithms: MEGA HOPEX provides smart recommendations based on data-driven algorithms, giving you the ability to share actionable insights using a collaborative enterprise portal and mobile apps.
    • Intuitive modeling engine: The MEGA HOPEX platform enables you to visually communicate how your operations work and see how business, IT, and data are connected through building different diagrams. 
    • Improved collaboration and alignment: MEGA HOPEX has a data discovery tool that extracts data from various sources to build your data catalogs. The platform’s automated discovery of applications, data, and processes, along with its automated diagram generation and intelligent workflows, improve productivity, collaboration, and alignment.
    • Accelerates project delivery: By using MEGA HOPEX, you can develop synergies and avoid duplicative efforts by connecting strategy, business, IT, data, and risk perspectives on the same platform.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the MEGA HOPEX solution.

    PeerSpot user Kayode A., Enterprise Architecture Consultant at ZealHosts Consulting, says, “What I find the most valuable is the process workflow. It is really good. The fact that you can decompose is also valuable, as is the file D structure. Also, the fact that you can have your own logical repository structure and you can drag and drop is very valuable. This is largely because of its intuitiveness. Once you understand the logic behind the tool, MEGA HOPEX is quite intuitive. I also like the ability to create custom reports. I like the fact that you can share repository content via web to other end users who are not architects.”

    A Software Architect at a transportation company mentions, “The main feature that we like the most is the ability to have a unique repository where all the architects can interact and play together with the shapes of different architecture solutions. They have a unified repository where users can share the developments they're working on. Its availability is very good.” 

    An IT Consulting Manager at a tech services company comments, "We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."

    Sample Customers
    FUJITSU, Coca Cola, ING, CreditSuisse, CosmosDirekt, GTA, Echo Entertainment Group, Electrolux, Cern
    Aetna, Fannie Mae, M&T Bank, Glatfelter Insurance Group, Zions Management Services Company, The College Board, Baxter Credit Union, AXA Financial, Missouri Department of Conservation, New York State OTDA, MEG Energy Corp, Walgreens, Procter & Gamble, Biogen Idec, Gilead Sciences, Organic Valley, Trinity Health, Nissan and Ford
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm17%
    Government11%
    Computer Software Company11%
    Insurance Company10%
    REVIEWERS
    Financial Services Firm33%
    Transportation Company14%
    Insurance Company10%
    Energy/Utilities Company10%
    VISITORS READING REVIEWS
    Educational Organization37%
    Financial Services Firm14%
    Government7%
    Computer Software Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise10%
    Large Enterprise77%
    REVIEWERS
    Small Business32%
    Midsize Enterprise13%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise42%
    Large Enterprise47%
    Buyer's Guide
    Project Portfolio Management
    March 2024
    Find out what your peers are saying about monday.com, Broadcom, ServiceNow and others in Project Portfolio Management. Updated: March 2024.
    763,955 professionals have used our research since 2012.

    Alfabet IT Planning & Portfolio Management is ranked 14th in Project Portfolio Management with 1 review while MEGA HOPEX is ranked 5th in Enterprise Architecture Management with 11 reviews. Alfabet IT Planning & Portfolio Management is rated 7.6, while MEGA HOPEX is rated 7.8. The top reviewer of Alfabet IT Planning & Portfolio Management writes "Helps us to implement and understand the status of our projects". On the other hand, the top reviewer of MEGA HOPEX writes "Interactive with good functionality and helps with productivity". Alfabet IT Planning & Portfolio Management is most compared with ARIS BPA, ServiceNow Strategic Portfolio Management, Alfabet FastLane, Jira and LeanIX, whereas MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS.

    See our list of best Project Portfolio Management vendors.

    We monitor all Project Portfolio Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.